Voluntary disclosure schemes for offshore tax evasion

Abstract

Tax authorities worldwide are implementing voluntary disclosure schemes to recover tax on o¤shore investments. Such schemes are typically designed retrospectively following the bulk acquisition of information on o¤shore holdings, such as the recent "Paradise" and "Panama" papers. They o¤er an opportunity for a¤ected taxpayers to make a voluntary disclosure, with reduced …ne rates for truthful disclosure. We characterize the taxpayer/tax authority game with and without a scheme and show that a scheme increases net expected tax revenue, decreases illegal o¤shore investment, increases onshore investment, and could either increase or decrease total o¤shore investment (legal plus illegal).JEL Classi…cation: H26, D85.

The Affective Configuration of the Public Problem of Depopulation: From Resignation to Obstinance

“…From Resignation to Obstinance institutionalization, such as "emotional habitus" (Gould et al, 2019), "affective dispositions" (Saiz-Echezarreta, 2012), or "emotional labor" (Hochschild, 1983). These diverse conceptualizations enable an exploration of how the affective dimension delineates territories and boundaries within which subjects position themselves, as engaging affectively in a specific context becomes a mode of social participation.…”

Improving the integrity of published science: An expanded taxonomy of retractions and corrections

“…However, this risk is counterbalanced by the benefits of incentivizing active, effective and transparent literature amendments. Minimizing the costs and stigma associated with amendments might have effects analogous to those of other voluntary disclosure programs, which, for example, have been successful in bringing unintentional or repentant tax evaders into compliance …”